Listing Courtesy of LONG AND FOSTER-REHOBOTH
When the first spring day comes along (as opposed to the first day of spring), a goodly proportion of residents feel the annual pull, toward the garden store aisles. Even those who’ve stoutly resisted ordering seeds, gardening tools, or any of the other back yard paraphernalia the catalogs kept hawking all winter can succumb to this particular Call of Nature.
Burpee, Scotts and Miracle-Gro shareholders can relax: spring has sprung.
The Lewes spring real estate selling season starts stirring, too, pretty much in lockstep with the appearance of the tulips. Whether or not the tulips have succeeded in poking up out of the ground, it’s a cinch that by this time they will have made colorful appearances on store shelves everywhere, just like the Peeps and chocolate bunnies. Unlike the rest of the early spring’s trappings, though, the spring real estate phenomenon doesn’t disappear from sight once Easter Sunday is a memory. In fact, it picks up steam.
There are any number of explanations why spring real estate in Lewes is always expected to ramp up. Part of the reason is the calendar. For families with children, if a move is going to involve a change in school districts, summer vacation is the least disruptive time of year for it to happen, so spring is the time to start house hunting. Part of the reason is due to the comparative difficulty of selling a home in wintertime: not only can foul weather make it harder to keep a home at its showy best, it also can throw a monkey wrench into property maintenance and the few cosmetic fixes that almost every home could use before it hits the Lewes listings. The result is a certain amount of bottled-up inventory that bursts onto the scene all at once—and springtime is the single time of the year when that happens.
Then there is the automatic momentum effect. When you sell a Lewes home, most families need to turn around and buy the next. The National Association of Realtors® tells us that the spring real estate selling season may actually be stronger than the numbers indicate, because many sales that really did begin “in season” don’t actually close until summer begins. Spring real estate as a phenomenon is “real” enough that you can’t blame them for lines like “Spring brings rain and flowers—and possibly extra green in the final sales price of your home.”
The spring real estate selling season is indeed underway, so if you are planning on listing your own Lewes home anytime soon, now is a great time to give me a call. It’s the best way to take advantage of the traditional boom in prospective buyers!
One reason why Delaware real estate commentators like to offer quizzes is to make readers feel good about how much they know. Being that Delaware homeowners probably do more than an average amount of reading about Delaware real estate matters, you would expect that any real estate-themed quiz would succeed in creating that kind of warm, positive experience.
This is not that kind of quiz.
I put it together because it’s a quick way to present some of the more unlikely survey results. They are culled from recent National Association of Realtors® informational articles. The quiz may not foster warm feelings of knowledgeability, but to compensate, it’s shorter than most of those web quizzes (who has time to answer 25 questions?).
Ready? Set! GO!
1) Which of the following features is likely to slow a home’s sale:
A) Swimming Pool B) Big backyard C) Small backyard D) All the above
E) None of the above
2) Which of these is likely to help a home sell more quickly:
A) More than one story B) Superlative renovations C) Small backyard
D) Big backyard E) None of the above
3) Which of these is likely to be worthwhile for a new Delaware homeowner?
A) Extended appliance warranty B) Gardener C) Shopping for insurance
D) Improving the yard E) None of the above
4) Which of these trends are widely predicted for 2017?
A) home prices will remain stable B) home sales will decline C) average days on market will increase D) the Midwest will lead in home sales E) none of the above F) all of the above
5) Which of these is recommended for first time home buyers?
A) Less closet space than you think you need B) More closet space than you think you need C) Dining room D) No dining room E) Add a koi pond E) None of the above
Answers: 1) D. Studies show small backyards can retard sales, as can swimming pools and overly large backyards, due to maintenance concerns. 2) E. More people don’t like the hassle of stair-climbing than appreciate the exercise; big, ambitious renovations seldom return the investment; big or small backyards: same as above. 3) C) Shopping around for the best insurance offer is always wise; but appliance warranties generally don’t return their cost; paying a gardener vs. doing yard work yourself is often a financial loser (I disagree with the NAR on this one—for many busy Delaware homeowners, pro gardeners are worth their weight in gold); big yard improvements should wait until you’ve experienced all four seasons 4) E this was the easiest to guess: A) expect home prices to rise B) expect 1.9% more homes to be sold C) the pace of sales is expected to quicken D) West Coast should lead in home sales 5) A and D. The most common first-timers’ regrets are paying for too much spare closet space and seldom-used formal dining rooms. Call/Text me Russell Stucki at (302) 228-7871, email me at email@example.com, visit more listings at www.beachrealestatemarket.com.